Eurasia crypto intelligence
Silk DeFi
DeFi, regulation, and crypto market structure across Eurasia.
Latest articles
'An AIFC Company' Is Not a Regulator's Stamp: The AFSA Warning on Unilive
The AFSA warned about a daily-return scheme promoted in the name of Unilive Central Asia, a company registered in the AIFC but not licensed. What separates registration from authorisation, and how to check it.
Uzbekistan Creates a Special Regime for Stable Tokens
NAPP and the Central Bank of Uzbekistan approved a stable-token regime with fiat backing, a Central Bank reserve account, and bans on algorithmic and crypto-backed designs.
Georgia and Tether Launch GEL₮: Private Issuer, State Framework
Tether issues GEL₮, pegged to the lari, under a National Bank of Georgia framework. The state holds the framework; Tether holds issuance.
USDKG: What I See in Central Asia's First Sovereign Stablecoin
Kyrgyzstan has launched USDKG, a gold-backed sovereign stablecoin. I read the construction: where it works, where this kind of model historically breaks, and what to watch next.
AFSA's Warning Shows How Kazakhstan Is Policing Crypto Platform Access
AFSA's warning on OKX, HTX, Bitget and MEXC shows how Kazakhstan is separating licensed digital-asset activity from unlicensed platform access.
Kazakhstan's Digital Asset Framework
How Kazakhstan is turning digital assets into a regulated market with licensed venues, mining rules, and tokenized instruments.